Worth reading
76Important
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
11390
¥ millionWording
Conditional
How definitive the wording is.This transaction
Sale of properties held for sale to the “JINUSHI Fund”CounterpartyMHC地主ファンド合同会社
Disclosing companyJINUSHI Co.,Ltd.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
① Acquisition, holding and disposal of beneficial interests in real estate trusts ② Purchase and sale, leasing, management, acquisition, holding, disposal and use of real estate ③ All businesses incidental or related to the businesses listed in the preceding items
Location Chuo-ku, TokyoShare capital ¥100,000Date of incorporation 3 August 2026
Net assetsNot stated because this information has not been disclosed
Consideration and expenses
Acquisition price¥11,390 million (sale price)
Type of ConsiderationCash
Impact on Business Performance
Already reflected in the consolidated earnings forecast for the fiscal year ending December 2026
Procedures and assumptions
Management structure after acquisition三菱ＨＣキャピタル不動産投資顧問 is scheduled to serve as asset manager, while JINUSHI Co.,Ltd. is scheduled to undertake the sub-asset management and property management functions.
| Item | Details |
|---|---|
| Transaction name | Sale of properties held for sale to the “JINUSHI Fund” |
| Counterparty name | MHC地主ファンド合同会社 |
| Business Description of the Subject Company | ① Acquisition, holding and disposal of beneficial interests in real estate trusts ② Purchase and sale, leasing, management, acquisition, holding, disposal and use of real estate ③ All businesses incidental or related to the businesses listed in the preceding items |
| Location of the Subject Company | Chuo-ku, Tokyo |
| Capital Stock of the Subject Company | ¥100,000 |
| Date of Establishment of the Subject Company | 3 August 2026 |
| Net Assets of the Subject Company | Not stated because this information has not been disclosed |
| Acquisition price | ¥11,390 million (sale price) |
| Type of Consideration | Cash |
| Impact on Business Performance | Already reflected in the consolidated earnings forecast for the fiscal year ending December 2026 |
| Date of board resolution | 27 August 2026 |
| Contract Date | 31 August 2026 |
| Execution Date / Effective Date | 30 September 2026 (scheduled) (property numbers ① and ②); late December 2026 (scheduled) (property number ③) |
| Management structure after acquisition | 三菱ＨＣキャピタル不動産投資顧問 is scheduled to serve as asset manager, while JINUSHI Co.,Ltd. is scheduled to undertake the sub-asset management and property management functions. |
Items this document does not state (18)
Name of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To respond to the acceleration of property acquisitions and pursue expanded acquisitions and sustained profit growth while managing the balance sheet. The company also intends to diversify its sales channels through the formation of the JINUSHI Fund.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.